Global Fully-Licensed Frequency MM Wave Market Research Report

Millimeter waves are the highest band of radio waves and operate at a frequency range of 20-300 GHz. The radio waves in this band have wavelengths that are in order of millimeters (mm), which is why the waves in this band are called millimeter waves. There are near endless possibilities for future applications of MM Wave technology, as basically a ‘millimeter wave’ is a special electromagnetic wave whose frequency fall far beyond the frequency range (<5 GHz) of commonly used wireless technologies.

The fully-licensed frequency MM Wave market was valued at $11.5 million in 2013, and is expected to reach $117.13 million by 2018, at a CAGR of 59.07%. 8 GHz to 23 GHz Band MM Wave, 23 GHz to 38 GHz Band MM Wave, 38 GHz to 43 GHz Band MM Wave and 43 GHz to 57 GHz Band MM Wave are the major frequency bands in this segment. The 38 GHz to 43 GHz and 23 GHz to 38 GHz bands are the leading bands in fully licensed market.

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